{"id":55975,"date":"2019-08-30T12:50:15","date_gmt":"2019-08-30T10:50:15","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=55975"},"modified":"2019-08-30T12:50:17","modified_gmt":"2019-08-30T10:50:17","slug":"binance-x-huge-boost-to-open-source-blockchain-development","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/binance-x-huge-boost-to-open-source-blockchain-development\/","title":{"rendered":"Binance X: Huge Boost to Open-Source Blockchain Development"},"content":{"rendered":"\n<p>Binance, the world\u2019s largest cryptocurrency exchange by adjusted trading volume, is launching a massive open-source research project that is focused on blockchain ecosystem development.<br><\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Introducing Binance X<br><br>We are very excited today to unveil <a href=\"https:\/\/twitter.com\/BinanceX?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">@BinanceX<\/a>, a new initiative to foster innovation on the <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#Binance<\/a> platform and <a href=\"https:\/\/twitter.com\/hashtag\/blockchain?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#blockchain<\/a> ecosystem at large.<a href=\"https:\/\/t.co\/Qqn56dIta9\" rel=\"nofollow\">https:\/\/t.co\/Qqn56dIta9<\/a><\/p>&mdash; Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1167044829735350272?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">August 29, 2019<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The Malta-headquartered trading platform introduced Binance X on August 28, noting that it will be funding over 40 application developers who are conducting research on open-source blockchain software.<\/p>\n\n\n\n<p>The developers of Binance X are also planning to facilitate collaboration in the larger Binance ecosystem by supplying resources to <a href=\"https:\/\/en.ethereumworldnews.com\/finance-expert-gold-bull-market-is-here-but-bitcoin-may-replace-usd-as-reserve-currency\/\">crypto<\/a> startups. The guidance material is intended to help projects that are in various stages of development.<\/p>\n\n\n\n<p>For software engineers who\u2019re interested, Binance X provides a fellowship program that\u2019s geared toward research and development (R&amp;D) of open-source blockchain platforms. Over 40 project managers are now working as Binance X fellows, however Binance\u2019s management has not disclosed how much these individuals will be paid for their work.<\/p>\n\n\n\n<p>Applications to Binance X\u2019s fellowship program are accepted on a rolling basis.<\/p>\n\n\n\n<h2>Binance X: Educating Newcomers, Spreading Awareness About Blockchain Development<\/h2>\n\n\n\n<p>According to the exchange, its new platform has been developed to serve as a digital asset-focused counterpart to X Development, the R&amp;D subsidiary of Alphabet Inc., Google\u2019s parent company.<\/p>\n\n\n\n<p>The Binance X initiative will not only be providing financial resources, but it will also be introducing various educational programs for software engineers and the general public.<\/p>\n\n\n\n<p>Teck Chia, head of Binance X, stated: <\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>\u201cThe Binance X team will help educate, create opportunities for collaborations and jumpstart growth of these projects via the different programs and resources we have at Binance.\u201d\u00a0<\/p><\/blockquote>\n\n\n\n<p>With the help of its existing products and solutions (such as Binance.com APIs, Binance Chain, Trust Wallet software development kits (SDKs), and Binance Charity), the Binance X team will focus on educational advancement for all users including \u201cnoobs to seasoned developers.\u201d<\/p>\n\n\n\n<p>In order to attract more people to the world of blockchain development, Binance X\u2019s fellows will be hosting various crypto-focused workshops and reading programs at universities and other places, which should help in recruiting and educating \u201cnoobs.\u201d<\/p>\n\n\n\n<h2>Binance Academy, One of the Best Blockchain-focused Informational Resources<\/h2>\n\n\n\n<p>In addition to spreading awareness about the huge potential of blockchain-based technologies, the leading exchange has launched Binance Academy, a useful informational service that helps newcomers and experienced users navigate the crypto space.\u00a0<\/p>\n\n\n\n<p>Through Binance Academy, users learn important tips on how to keep their cryptocurrency holdings and personal information safe.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Cybercriminals are constantly looking for new methods to deceive users. Be cautious and stay alert to avoid falling for social engineering traps.<br><br>Stay safe by learning how you can protect yourself with <a href=\"https:\/\/twitter.com\/BinanceAcademy?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">@BinanceAcademy<\/a> <a href=\"https:\/\/t.co\/GAnMrpTPiP\" rel=\"nofollow\">https:\/\/t.co\/GAnMrpTPiP<\/a><\/p>&mdash; Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1167371168304680960?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">August 30, 2019<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance, the world\u2019s largest cryptocurrency exchange by adjusted trading volume, is launching a massive open-source research project that is focused on blockchain ecosystem development. The Malta-headquartered trading platform introduced Binance X on August 28, noting that it will be funding over 40 application developers who are conducting research on open-source blockchain software. The developers of Binance X are also planning to facilitate collaboration in the larger Binance ecosystem by supplying resources to crypto startups. The guidance material is intended to [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":55977,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[7290,7288,5156,7289],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/55975"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=55975"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/55975\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/55977"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=55975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=55975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=55975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}